EU trade-distorting support creeping upwards in latest WTO notification
Possible outcomes for UK domestic support commitments in its WTO schedule after Brexit
The latest EU notification of domestic support to the WTO contains no surprises, and documents the continuing downward trend in amber box support in the EU total.
While levels of agricultural support and protection have been falling in OECD countries, agricultural support in a number of (but not all) emerging economies has been increasing. Rising agricultural support in emerging economies may lead to these countries breaching their WTO commitments, and this trend will raise difficult questions about the reasonableness and fairness of these commitments.
Decoupling means EU has plenty of headroom if a WTO agreement to cap trade-distorting farm subsidies is reached